Save Article

Chinese gold producers
vie for Yangshan rights

HONG KONG -- Four Chinese gold producers are bidding for the rights to develop a mine believed to contain more than $9 billion in gold, people familiar with the situation said Thursday.

Among the bidders, two are listed in Hong Kong -- Zijin Mining Group Co. and Zhaojin Mining Industry Co. Unlisted China National Gold Group and Shanghai-listed Shandong Gold-Mining Co. also are bidding for the rights to the Yangshan Gold Mine, people...